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Oil Country Tubular (BOM:500313) Interest Expense : ₹-67.1 Mil (TTM As of Sep. 2024)


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What is Oil Country Tubular Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oil Country Tubular's interest expense for the three months ended in Sep. 2024 was ₹ -16.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-67.1 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Oil Country Tubular's Operating Income for the three months ended in Sep. 2024 was ₹ -89.9 Mil. Oil Country Tubular's Interest Expense for the three months ended in Sep. 2024 was ₹ -16.5 Mil. Oil Country Tubular did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oil Country Tubular Interest Expense Historical Data

The historical data trend for Oil Country Tubular's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oil Country Tubular Interest Expense Chart

Oil Country Tubular Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -184.95 -215.40 -246.63 -119.33 -59.66

Oil Country Tubular Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.24 -16.23 -17.25 -17.10 -16.52

Oil Country Tubular Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-67.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oil Country Tubular  (BOM:500313) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oil Country Tubular's Interest Expense for the three months ended in Sep. 2024 was ₹-16.5 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹-89.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹866.8 Mil.

Oil Country Tubular's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Oil Country Tubular did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Oil Country Tubular Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Country Tubular Ltd (BOM:500313) » Definitions » Interest Expense
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OILCOUNTUB:India
Address
King Kothi Road, KAMINENI, 3rd Floor, Hyderabad, TG, IND, 500001
Website
https://www.octlindia.com
Oil Country Tubular Ltd is an Indian firm. It is engaged in the business of manufacturing of Casing, Tubing, and Drill Pipe which are used in the Oil and Gas Sector for the drilling and exploration of Oil and Gas. Its product and service offerings are Drill Pipe, Heavy Weight Drill Pipe, Drill Collars, Kellys, Internal Plastic Coating of Drill Pipe and Tubing, and Field Inspection of Tubulars. It serves domestically and exports to Indonesia. It generates maximum revenue by providing OCTG services.

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